By Ebony Flake ·Updated June 17, 2024
Soaring home prices and substantial down payment requirements have placed the dream of homeownership out of reach for many. According to a Redfin report, the median home price in the US reached a record high of $387,600 in April 2024. continuing a decade-long trend of escalating prices outpacing wage growth. Even cash buyers face uncertainty due to fierce competition and limited housing supply. Despite these
